Rating from Echo Energy (LON:ECHO) reiterated by Shore Capital


Echo Energy (LON: ECHOGet a rating)The stock had its “internal stock” rating restated by analysts at Shore Capital in a research report released on Monday, MarketBeat.com reports.

LON: ECHO opened at GBX 0.44 ($0.01) on Monday. The stock has a 50-day simple moving average of GBX 0.47 and a 200-day simple moving average of GBX 0.47. The stock has a market capitalization of £6.39 million and a P/E ratio of -0.26. Echo Energy has a 1-year low of GBX 0.36 ($0.00) and a 1-year high of GBX 1 ($0.01). The company has a current ratio of 0.71, a quick ratio of 0.67 and a debt ratio of 1,867.95.

Company Profile Echo Energy (Get a rating)

Echo Energy plc, through its subsidiaries, operates as a gas-focused exploration and E&P company in Latin America. The Company’s asset portfolio consists of Santa Cruz Sur. It also engages in the holding of assets of Argentinian and Bolivian branches. The company was previously known as Independent Resources plc.

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